$DATA Infrastructure Giant Breaking Out - Momentum Building
Current Status
Price: $0.01520 (+19.03%)
24h Range: $0.01236 - $0.01760
Infrastructure Play: Strong bullish momentum with volume surge
Key Technical Levels
Support Zones
Immediate Support: $0.01500-$0.01520 (Current consolidation)
Strong Support: $0.01400-$0.01450 (Breakout base)
Major Support: $0.01236 (24h low - Strong bounce level)
Resistance Levels
Immediate Resistance: $0.01600-$0.01650
Key Resistance: $0.01730 (Major breakout target)
Major Resistance: $0.02300-$0.02700 (Long-term targets)
Trading Scenarios
BULLISH Scenario
Entry: Above $0.01600 with volume confirmation
Target 1: $0.01730 (+13.8%) - First major resistance
Target 2: $0.02235 (+47%) - Expert forecast
Target 3: $0.04780 (+214%) - WalletInvestor target
Stop Loss: $0.01400
BEARISH Scenario
Entry: Break below $0.01450 on volume
Target 1: $0.01300 (-14.5%)
Target 2: $0.01146 (-24.6%) - Pessimistic forecast
Stop Loss: $0.01650
DATA is experiencing a powerful breakout from consolidation with +19% gains and strong volume. The infrastructure narrative is strong, and the first major resistance at $0.0173 is key - breaking above opens doors to $0.0230 and $0.0270 targets. However, RSI shows negative divergence warning of potential downward reaction.
Data is the new oil - and DATA is building the infrastructure to process it